Poker -- Has your knowledge of poker improved your trading profits?

7out said:
Haven't read all the pages on this topic, but my 2 cents which includes trading professionally and at times playing poker (professionally) for a living is that if you had to take 2 newbies and teach them either to trade stocks/futures or play poker profitably you would have more success with a successful trader and/or (vice versa) successful poker player than a fresh newbie.

The one true difference between trading and poker, in poker you start with the low limits and you'll find very very weak players. As you go up the limits the competition gets increasingly stronger. In trading you can start with the micros which might limit your losses, but you start at the same skill strength required at higher levels (ie, if you can turn a profit at micros, you should have no problem scaling up to 100x what you initially started at).
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Completely agree. As for your true difference, that's one of the biggest reasons I am working on making the switch. Exponential growth is potentially easier. Hope I got what it takes :)
 
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Aponamed said:
... or I'm being cheated. I'm thinking of trying to start playing poker online because in my opinion it's much more interesting and at least they won't be able to deceive me...
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You really are a newbie when it comes to stuff like this.

Just think about the underlined bit real hard, and you will understand your folly for thinking that.
 
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